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Higher tax costs fail to slow Paddy Power H1 profit growth

26th August 2015 8:49 am GMT

Irish bookmaker Paddy Power has reported a 33 per cent increase in group operating profit to €80.1m for the first half of 2015, following strong performances from its online, retail and Australian businesses.

Total net revenue rose 33 per cent to €527.8m, although this was up 25 per cent on a constant currency basis, with the operator’s combined online businesses representing 65 per cent of the total.

H1 2015 Revenue

Online

Online net revenue rose 42 per cent to [...]

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